Buy side volume picking up on this stock with the move
Looking at the intraday chart, you can track the volume and it reflects strong buying on the small dips in here. Probably positioning for end of day entry here and to begin the Q4 fund performance imo. Good luck and buying dips for long position in here.
I don't understand you guys touting CAG stock. This company is not going anywhere.
Dealing only with two issues:
1st issue The CAG leadership team of Goldstone/Rodkin has been in place since Oct. 2007. Price of stock at that time roughly $26. today roughly $30 --7years... A whole army of Pepsi Pete's (my name for Rodkin's old buddies from Pepsi) have come and gone..fat employment agreements to start...big payoffs to leave.....meanwhile the company has floundered with no meaningful new products and stagnat to down sales on the others.
The Rlaston acquisiton is a mess. Not knowing staff was fired etc. etc. until after the papers signed is laughable.
2nd Issue. Cag brands all second, third and fourth rate. They are being squeezed of the shelf by private/store label. CAG basically now a private label mfg. What a shame.